return2ozma@lemmy.world to politics @lemmy.world · 9 months agoThe US economy is doing well. President Biden wants to know why so many Americans are still feeling badwww.cnn.comexternal-linkmessage-square6fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkThe US economy is doing well. President Biden wants to know why so many Americans are still feeling badwww.cnn.comreturn2ozma@lemmy.world to politics @lemmy.world · 9 months agomessage-square6fedilink
minus-squarecrypticthree@lemmy.worldlinkfedilinkarrow-up0·9 months agoAlso inflation is not a measure of the cost of living. CPI is ostensibly a measure of cost of living but it’s not particularly good at that either
minus-squaremommykink@lemmy.worldlinkfedilinkarrow-up0arrow-down1·9 months agoCPI is fine when it isn’t manipulated to hell like the government does to make things seem better than they actually are.
Also inflation is not a measure of the cost of living. CPI is ostensibly a measure of cost of living but it’s not particularly good at that either
CPI is fine when it isn’t manipulated to hell like the government does to make things seem better than they actually are.